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>> piers i do believe the economy is ip pron proving. one of the reasons the economy is improving is that it was brave. it was not a popular decision at the time. it was brave to move forward on the recovery act. without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on collapse. because he understand that we needed to move the economy forward. and now we are reaping the benefits of that. i believe that gives us a chance to move forward on a series of fronts and further strengthen our economy. we are not losing 800,000 jobs a month anymore. we are gaining them. and that foundation that has been laid it is a foundation on which we can build progress. >> one is i understand that the first person that the president called after knowing that he won was bill clinton, is that right? >> yes. >> well there is no question about it. as he said to president clinton, he was the most valuable player in this campaign,ing and you know, we got a chance to spend some time with presiden
>> piers i do believe the economy is ip pron proving. one of the reasons the economy is improving is that it was brave. it was not a popular decision at the time. it was brave to move forward on the recovery act. without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on collapse. because he understand that we needed to move the economy forward. and now we are reaping the benefits of that. i believe that gives us a...
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you have an economy that plunges. you have gdp that plunges and you don't have a way to dig out of that. >> if you do go over the fiscal cliff think don't think anyone on this program thinks will happen, really, if you do go over the fiscal cliff, you'll suffer the consequences. the world will suffer the consequences. there's no doubt. what worries me is a mini bargain that fudges the cliff for a moment but does nothing to fundamentally start to address the bigger problems. >> why would you be worried about that? >> because we're at crunch moment. i don't think getting back from the fiscal cliff is going to be that difficult. the moment the reality hits, everyone concerned, common sense will prevail. but what happens after that? >> christine? >> washington showed such terrible leadership in this. it's really horrific. ali, they say it's not going to happen. they don't know how we're going to get there. they also don't team so get even a few days off the fiscal cliff is enough to really hurt stock markets. to really hu
you have an economy that plunges. you have gdp that plunges and you don't have a way to dig out of that. >> if you do go over the fiscal cliff think don't think anyone on this program thinks will happen, really, if you do go over the fiscal cliff, you'll suffer the consequences. the world will suffer the consequences. there's no doubt. what worries me is a mini bargain that fudges the cliff for a moment but does nothing to fundamentally start to address the bigger problems. >> why...
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economy could be plunged back into recession. avoiding the fiscal cliff will require compromise, something that's been in short supply in washington over the last few years. stephen moore joins me again. john boehner, stephen, says they will accept higher tax revenues, but not higher taxes. explain that. >> it's not that complicated. we all agree the best way to bring this up is to bring the growth rate up from the 1% we've had in the last year or so. number two, when i talk to republicans, he said, look, we're willing to put these higher revenues on the table. we're willing to close the loopholes in the tax system, get rid of a lot of the car vouts that people benefit from those are rich people. i think republicans are willing to compromise on this. i have to say this. i'm frustrated wall of you on this, because yes, we have a fiscal cliff that's going to hit in january. but let's not forget the whole context of this. we are running $1.2 trillion deficits and we can't keep doing that year after year after year. we have to come u
economy could be plunged back into recession. avoiding the fiscal cliff will require compromise, something that's been in short supply in washington over the last few years. stephen moore joins me again. john boehner, stephen, says they will accept higher tax revenues, but not higher taxes. explain that. >> it's not that complicated. we all agree the best way to bring this up is to bring the growth rate up from the 1% we've had in the last year or so. number two, when i talk to...
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raising rates is going to sow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to play on a totally different note, a remarkable video that the obama campaign released on the morning after he won his re-election, and he gets very emotional. >> i felt that the work that i've done, in running for office, had come full circle. because you guys have done means that the work that i'm doing. i'm really proud of that. i'm really proud of you. and -- >> it's not often you see the president of the united states crying. >> we have not seen that really from him. political cartoonists sometimes draw him as mr. shock. i think it's just a
raising rates is going to sow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to...
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it hurt the economy. so i'm proud to be in new jersey where our folks are far more centrist and you don't have the kind of extremes. i'm really worried about a congress, this is republicans losing people like olympia snow who are leaving, dick lugar getting beat on the right. having guys like john mccain and hatch have to run far to their right just to keep their offices. this is very perilous for our country. i'm looking for us to go back where you had guys like ronald reagan and tip o'neill who reached across the aisle. >> friends in the newt gingrich second term worked very well together. >> i think we have the right president for that. but we need the right leadership coming out of congress that's going to rise up to the challenge and bring our nation together. most of us in the country are not on the margin. most of us, however we identify, republican or democrat, we have so much more in common than we do apart. that's where we hope that our government will follow where the people are. >> that's so t
it hurt the economy. so i'm proud to be in new jersey where our folks are far more centrist and you don't have the kind of extremes. i'm really worried about a congress, this is republicans losing people like olympia snow who are leaving, dick lugar getting beat on the right. having guys like john mccain and hatch have to run far to their right just to keep their offices. this is very perilous for our country. i'm looking for us to go back where you had guys like ronald reagan and tip o'neill...
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felt by the total economy. nevertheless, the growing gap, which is then resulting in necessitating more and more borrowing can't be sustained. we have to either cut back more or create a balance of revenue and spending reductions, and i think -- i can tell you in california, you can only cut schools and university so much and then people say enough already, and that's exactly what they said on election night tuesday. >> and you see that having a national implication? >> yes, because i think schools and universities are not partisan issues. what kind of a hospital situation you have in local cities and counties. everything worked -- when government gets excessive, yeah, people want to pull it back. that was the tax revolt. but when the private sector begins to, you know, have more and more and the public sector is starved, people know that. it's commonsense. you need it's not is the left rr is the right right. each according to its due. if i can quote a biblical text. render what is god's and what is caesars. th
felt by the total economy. nevertheless, the growing gap, which is then resulting in necessitating more and more borrowing can't be sustained. we have to either cut back more or create a balance of revenue and spending reductions, and i think -- i can tell you in california, you can only cut schools and university so much and then people say enough already, and that's exactly what they said on election night tuesday. >> and you see that having a national implication? >> yes, because...
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this will bring jobs home, result in a stronger, healthier economy, and a stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground, and i hope the president will respond today in that same spirit. as i said wednesday, this is an opportunity for the president to lead. this is his moment to engage the congress and work towards a solution that can pass both chambers. earlier this week, the president and i had a short conversation. it was cordial. i think we both understand that trying to find a way to avert the fiscal cliff is important for our country. and i'm hopeful that product active conversations can be begin soon so we can forge an agreement that can pass the congress. >> so perhaps the most important words were said after the prepared remarks, christine romans. >> that's right. i don't want to box myself in and i don't want to box anyone else in. it's a critical, critical new position. >> do you want to know why? i knew you did. after the break, you will. ♪ ooh baby, can i do for
this will bring jobs home, result in a stronger, healthier economy, and a stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground, and i hope the president will respond today in that same spirit. as i said wednesday, this is an opportunity for the president to lead. this is his moment to engage the congress and work towards a solution that can pass both chambers. earlier this week, the president...
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a lot of money is paid out of the economy, and the economy goes from 2% growth right now where it is to about negative 1.5% growth. that would be a recession. as that car gets over that cliff, there will be an average kras, according to the congressional budget office of $3,500 per household in tax increases. this is the spending cuts. this is the bush tax cuts going away. this is the alternative minimum tax patch going away, the payroll tax holidays. $3,500 per household increase. $109 billion in automatic across the board spending cuts will take effect. half of them will be in defense. half of them will be in nondefense. the congressional budget office, the nonpart sflan body says millions of jobs will be lost, a million next year alone. unemployment will jump to % next year, and, of course, we'll be back in that recession. now, in fairness, suzanne, most thinking people don't think we'll get there, but most thinking people thought we would get a resolution to the debt limit earlier than we did too, so faith in washington doing the right thing is a little bit low, but it does sound
a lot of money is paid out of the economy, and the economy goes from 2% growth right now where it is to about negative 1.5% growth. that would be a recession. as that car gets over that cliff, there will be an average kras, according to the congressional budget office of $3,500 per household in tax increases. this is the spending cuts. this is the bush tax cuts going away. this is the alternative minimum tax patch going away, the payroll tax holidays. $3,500 per household increase. $109 billion...
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it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think that millenials are moving in a much more libertarian position when it comes to social issues. they might not necessarily be democrats but -- and they might not be republicans yet but i think that socially, libertarian is the direction the country is going. >> it may not be america's going liberal. what it is is rejecting extreme positions. i think the problem mitt romney got himself into, at his heart he's really a moderate. when you look at when he was governor in massachusetts, he wasn't that far right at all but he had to go muc
it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think...
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our economy can't afford that right now. certainly no middle class family can afford that right now. nobody in either party says that they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income, and, by the way, that means every american, including the wealthiest americans get a tax cut. it means that 98% of all americans and 97% of small businesses won't see their taxes go up a single dime. america has already passed a law like this. democrats in the house are ready to pass a law like this. i hope republicans in the house come on board too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on. that's to keep middle class taxes low, and i'll bring everyone in to sign it right away so we can give folks some certainty before the holiday season. i won't pretend that figuring out everything else will be easy, but i'm confident we can do it, and i know we have to. i
our economy can't afford that right now. certainly no middle class family can afford that right now. nobody in either party says that they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income, and, by the way, that means every american, including the wealthiest americans get a tax cut. it means that 98% of all americans and 97% of small businesses won't see their taxes go up a single dime. america...
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the topic today is the economy. so i want to bring in richard socarides, a democratic analyst and former senior adviser to bill clinton, and ana navarrnav. a cnn contributor and republican strategist. we're going to hear from the president today on the economy. as he takes the podium, he was greeted with new comments from john boehner to diane sawyer. let's listen to the republican speaker. >> talk about all kinds of things we may disagree on. i'm the most reasonable responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> now, talking about forging some kind of deal on the fiscal cliff. and those words, ana, were really interesting to me. it seemed to me that the speaker was saying help me help you. if you don't want to have problems with the tea party in congress you better start dealing with me now, mr. president. what did it sound like to you, ana? >> it sounded exactly like that. i think it's interesting
the topic today is the economy. so i want to bring in richard socarides, a democratic analyst and former senior adviser to bill clinton, and ana navarrnav. a cnn contributor and republican strategist. we're going to hear from the president today on the economy. as he takes the podium, he was greeted with new comments from john boehner to diane sawyer. let's listen to the republican speaker. >> talk about all kinds of things we may disagree on. i'm the most reasonable responsible person...
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you have an economy that has that much money taken out of it. here's where we are here, here's where we end up. that's a resgs. it's also 9.1% unemployment by the end of the year. warren buffett says he's not so worried about it. you'll hear his interview a little bit later. when walmart says we're worried about our shoppers because they're exactly the people who would be hurt by fiscal cliff, that's something i take notice to. >>> bp said to be close in advanced talks with a settlement from the government. there's that picture. remember these pictures? we watched as the oil was shooting out of this damaged well head. they're very close to a settlement with the government. we expect it will be massive. they're trying to put at least this part of it behind them. reuters first reported the story in the middle of the night. we should get some sort of announcement today. in case you're wondering, bp shares are up 62% since the bottom after that well. isn't that amazing? >> that is amazing. >> that was a good investment even as that was a very, very
you have an economy that has that much money taken out of it. here's where we are here, here's where we end up. that's a resgs. it's also 9.1% unemployment by the end of the year. warren buffett says he's not so worried about it. you'll hear his interview a little bit later. when walmart says we're worried about our shoppers because they're exactly the people who would be hurt by fiscal cliff, that's something i take notice to. >>> bp said to be close in advanced talks with a...
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. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of victory has now increased. he now has a 51% edge over romney in the national popular vote. that is up from a tie that we saw on election night. but down in florida, they are still counting the ballots. officials have until noon today to submit unofficial results to the secretary of state. cnn has yet to project a winner there, but with 97% of precincts reporting, president obama has a lead over romney. the romney campaign has conceded the race in florida. and for the first time since superstorm sandy hit new york, the lights on the statute of liberty were o
. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of...
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from the east room on the economy. that touches on the dysfunction in washington that americans say they hate. many think they went to bed to fix that. keeping them honest, not so fast. in seven weeks, the bush tax cuts expire, automatic spending cuts kick in. it's being called a fiscal cliff and even though it's more like the fiscal steep slope, heading down it it could do bad things to the economy. rolling down it, falling off it, have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not harming out a deal in time. politicians have been sending out mixed signals since the election. on the one hand, they are talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, isn't weakened by inequality. that isn't threatened by the disruptive power of a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if t
from the east room on the economy. that touches on the dysfunction in washington that americans say they hate. many think they went to bed to fix that. keeping them honest, not so fast. in seven weeks, the bush tax cuts expire, automatic spending cuts kick in. it's being called a fiscal cliff and even though it's more like the fiscal steep slope, heading down it it could do bad things to the economy. rolling down it, falling off it, have made markets nervous and credit rating agencies and...
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standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is picking up, but we must do better. the middle class has been hit hard. its wealth fell 28% in the last decade. why? >> changes that were taking place in china. >> some emerging markets like china. >> china needs the united states. >> mostly by keeping its currency low, china can sell products for less than they're worth, making it hard for american companies to compete. that means fewer jobs and lower wages here in the u.s. we need a smart trade policy that protects american workers without hurting american businesses. america needs a 21st century workforce. that comes through education. to keep our pl
standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is...
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>> well, piers, i do believe the economy is improving. but i want to challenge a bit of your premise, because one of the reasons the economy is improving is because this president was brave. it was brave to intervene and save the auto industry, which was not a popular decision at the time. it was brave to move forward on the recovery act. which again was not popular at the time. and still is the source of controversial, because without that, we would have slid into a second great depression. it was brave to stand up the financial industry when it was on the brink of collapse. even though that was an unpopular thing to do. because he understand that we needed to do these things to move the economy forward, and now we are reaping the benefits of that bravery and good decisions because the economy is improving. and i do believe that gives us a chance to move forward on a series of fronts, to further strengthen our economy for the short term and the long term, and strengthen the middle class. we are not losing 800,000 jobs a month anymore. we
>> well, piers, i do believe the economy is improving. but i want to challenge a bit of your premise, because one of the reasons the economy is improving is because this president was brave. it was brave to intervene and save the auto industry, which was not a popular decision at the time. it was brave to move forward on the recovery act. which again was not popular at the time. and still is the source of controversial, because without that, we would have slid into a second great...
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and how they wanted to attempted to turn the economy around. and it seemed like the district again called into question the con search tif leaders moving forward. >> so is it fair to say that the christian conservative movement has lost steam? >> it may have but what is really interesting is to watch the next couple of years as the american party regroups. i think what you're going to see is the christian right make a very serious case of the republican party that it could help the party solve its problems with reaching minority voters, especially latinos. most latinos in this country are catholic or evangelical, the christian right could help them connect with those voters potentially. >> okay. dan, thanks so much. >> thanks. >> you can see more at krchl nn.com/belief. >> all right. two of the top golfers in the world. butting heads on the course and you'd be surprised what they say about their friendship in an exclusive interview with cnn. okay, now here's our holiday gift list. aww, not the mall. well, i'll do the shopping... if you do the s
and how they wanted to attempted to turn the economy around. and it seemed like the district again called into question the con search tif leaders moving forward. >> so is it fair to say that the christian conservative movement has lost steam? >> it may have but what is really interesting is to watch the next couple of years as the american party regroups. i think what you're going to see is the christian right make a very serious case of the republican party that it could help the...
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it would be bad for the economy. i was reading new york times this morning op-ed piece that said it may not be a bad thing if we drive over the fiscal cliff. it is worth points out the fiscal cliff isn't really a cliff. it's not like the debt ceiling confrontation where terrible things might with well have happened right away if the deadline had been missed. he goes on, this time nothing very bad will happen to the economy if the grooimt agreement isn't reached until a few weeks or few months in to 2013. so there is time to bargain. is that a crazy thought? >> it goes further to say that president obama stand your ground. don't compromise and don't give in. >> don't be held hostage. he said. >> remarkable. paul krugman is a noble prize winner, a smart guy. i don't know where he is getting this from. it's the opposite of compromise. the reason we are in this mess is because nobody will compromise. generally speaking it has been conservative republicans, the tea party and people who signed the pledge to nordquist not i
it would be bad for the economy. i was reading new york times this morning op-ed piece that said it may not be a bad thing if we drive over the fiscal cliff. it is worth points out the fiscal cliff isn't really a cliff. it's not like the debt ceiling confrontation where terrible things might with well have happened right away if the deadline had been missed. he goes on, this time nothing very bad will happen to the economy if the grooimt agreement isn't reached until a few weeks or few months...
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we have a i havery resilient economy. the fact that they can't get along for the month of january is not going to torpedo the economy. >> reporter: and, fredricka, i also talked to him about that meeting that the president had today with ceos from american businesses and, look, he told me, i think the president needs to take a very hard line in this second term when domes to these negotiations over the fiscal cliff and over taxes. >> and, in fact, as we talk about taxes, you know, buffett is known for supporting higher taxes for wealthy people, just like himself. you asked him some very tough specific questions about what he thinks wealthy people should pay. what did he say? >> reporter: you know, i'm having a hard time hearing you -- you know, i asked him point blank for some specifics on especially capital gains taxes when it comes to investments and the -- on the profit from investments. we wanted specifics from him and here's what he said. are you saying there is no taxation level that is too high? whether it is capit
we have a i havery resilient economy. the fact that they can't get along for the month of january is not going to torpedo the economy. >> reporter: and, fredricka, i also talked to him about that meeting that the president had today with ceos from american businesses and, look, he told me, i think the president needs to take a very hard line in this second term when domes to these negotiations over the fiscal cliff and over taxes. >> and, in fact, as we talk about taxes, you know,...
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eastern on the economy. that issue of the economy directly touches on the dysfunction in washington that americans said they hate. they went to bed election night hoping to fix that. speed really matters here. in just seven weeks the bush tax cuts expire, automatic spending cuts agreed to by both parties kick in. we call it the fiscal cliff and even though it's more like the fiscal steep slope it could do some very bad things to the economy. concerns about rolling down it or falling off it or whatever you want to call it have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not hammering out a deal in time. politicians in both parties, they've been sending out mixed signals ever since the election. on the one hand they're talking about common ground. take a look. >> we want our children to live in america that isn't burdened by debt. that isn't threatened by a warming planet. >> the nation as you know is at a critical point. at a time like th
eastern on the economy. that issue of the economy directly touches on the dysfunction in washington that americans said they hate. they went to bed election night hoping to fix that. speed really matters here. in just seven weeks the bush tax cuts expire, automatic spending cuts agreed to by both parties kick in. we call it the fiscal cliff and even though it's more like the fiscal steep slope it could do some very bad things to the economy. concerns about rolling down it or falling off it or...
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that's where the world economy operates, sea-based trade has been organized the world economy for a very long time. >> but people would live a little bit further away from the actually water thain do now. >> there may be particular zoning issues to be sure but we have to understand great cities around the world on are on the coast and i think the great point is there's no way we're going to beat this just through adapts to the changes. we're on the path of raising the impacts so powerfully, so frighteningly that if we don't get the climate change itself under control, i don't think we'll ever catch up through patching, through these kinds of solutions, through emergency response. everywhere that i've been in recent weeks, than's usually a lot for me as i'm traveling around the world, nigeria recently, massive floods when i got there. i was in beige cbangkok recentl. i was remembering the one-year devastation when the whole city basically was under water and the economy took a terrible hit. there had been huge storms, huge sea surges, floods, not to mention -- and we should remember -- th
that's where the world economy operates, sea-based trade has been organized the world economy for a very long time. >> but people would live a little bit further away from the actually water thain do now. >> there may be particular zoning issues to be sure but we have to understand great cities around the world on are on the coast and i think the great point is there's no way we're going to beat this just through adapts to the changes. we're on the path of raising the impacts so...
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we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reform. >> so what will that mean? christine romans is our business correspondent and host of "your bottom line." so, we're two months away from the bush tax cuts expiring and that means? >> that means they're open to additional revenue via tax reform. they got to move quickly. it means you now are seeing in this first day after the election you're starting to see the different parties begin to talk. and, carol, the senate majority leader harry reid said it's more fun to dance than to fight. so it looks as though we're beginning these discussions. look, no one wants to go off of the fiscal cliff. it is big. it is serious. but politics have stood in the way until now. it looks like they're starting to begin to figure out how to put those politics aside. we talked to austin goolsbee, used to advise
we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reform. >> so what will that mean? christine romans is our business correspondent and host of "your bottom line." so, we're two months away from the bush tax cuts expiring and that means? >> that means they're open to additional...
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rs of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now when you come in, you can trade up to get a total value of $8,000 on a 2012 chevy silverado all-star edition. from outstanding value to standing the test of time, chevy runs deep. that can only come from having someone else pay your mortgage for an entire year... this is what you'll experience if you win the quicken loans skip-a-year mortgage sweepstakes. up to five winners will get to skip a year
rs of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been...
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it won't get us out of the problem and it will also hurt our economy. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reforl. >> now, when i hear that, i don't hear i'm okay letting taxes go up on some people. i hear i'm okay closing loopholes and deductions where some high income earners may pay more than others. is that a deal you could work with? >> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call genuine budget revenue, that's a different story and if that's the case, i'd love to see his proposal. the president has put his on the table for revenue.
it won't get us out of the problem and it will also hurt our economy. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reforl. >> now, when i hear that, i don't hear i'm okay letting taxes go up on some people. i hear i'm okay closing loopholes and deductions where some high income earners may pay more than others. is that a deal you could work with? >> the question is is, what is speaker boehner saying? he really...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. perform, compete and grow. and people are driving this change. that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. a short word that's a tall order. up your ga
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. ♪ ♪ hi dad. many years from now,...
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economy into a recession next year. we expect the speech to take place at 1:00 p.m. >>> members of the syracuse basketball team will not face charges. bernie fine is accused of molesting boys years ago. investigators spent a year interviewing witnesses but the u.s. attorney's office in northern new york says there is not enough evidence to pursue criminal charges and, yes, the case is now closed. >>> guess what? there is a new number one in the smartphone market and it's not this one. samsung's galaxy s3 taking over the lead from apple's iphone making it the world's best-selling smartphone. alison kosik is at the new york stock exchange. no wonder apple's stock is going down. >> reporter: well, part of it. you know, samsung better enjoy wearing the crown, because it's not going to last long. it's for the moment, so, yeah, samsung wins the top-selling smartphone of the year award, according to strategy an lit particulars. the apple iphone 4s finished a close second. here's the reason, why the s3 took the top spot, becaus
economy into a recession next year. we expect the speech to take place at 1:00 p.m. >>> members of the syracuse basketball team will not face charges. bernie fine is accused of molesting boys years ago. investigators spent a year interviewing witnesses but the u.s. attorney's office in northern new york says there is not enough evidence to pursue criminal charges and, yes, the case is now closed. >>> guess what? there is a new number one in the smartphone market and it's not...
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> all right. these stories are strending online right now. a boy takes a home pregnancy test as a joke and winds up being diagnosed for testicular cancer after the results came back positive. pregnancy tests can detect some types of cancer in men but experts say the tests are not useful as a screening tool. >>> birth control is dished out at the world sex sexiest zo
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau...
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in 1996 and 2000 the economy was much stronger. there were no major wars or other international issues to worry about. concern went up sharply in 2004 following the 9/11 attacks and again in 2008 with the iraq war still going on and the country entering a great recession worse than the -- the worst we've had since the great depression. this time around it's hard to even pinpoint all the worries that are facing voters. of course the economy, high unemployment at the top of the list for many, but there's also obama care, our staggering annual trillion-dollar deficits plus $16 trillion in national deb debt, the looming fiscal cliff and what to do about tax increases and/or cuts in entitlement programs and other government spending. as for the international hot spot, take your pick, libya, showdown between iran and israel and syria. why would the voters say this election matters more than most? go to cnn.com/caffertyfile. you can post a comment on the blog there. or you can go to our post on the "the situation room" facebook page. i gu
in 1996 and 2000 the economy was much stronger. there were no major wars or other international issues to worry about. concern went up sharply in 2004 following the 9/11 attacks and again in 2008 with the iraq war still going on and the country entering a great recession worse than the -- the worst we've had since the great depression. this time around it's hard to even pinpoint all the worries that are facing voters. of course the economy, high unemployment at the top of the list for many, but...
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the economy. many other factors in the president's decision making and wung thing to show in the book is the arc of relationship over time. in 2009, i would say, the military versus the white house. that was the perception in some other sources but the military leaders didn't feel like they were boxing in the president and i think the president learned and the administration has learned is that really we're all in on a broader scale, listen. this is book about strategic leadership and a war chronicle. it's petraeus's intellectual leadership. it's leading through crisis, petraeus is a great model for that. i'm not a spokesperson for him. and if, you know, showing a role model to other people in the world or other readers is a repugnant thing, i'm sorry. i think the values he tries to instill in his organizations are valuable and worth pointing out. >> paula broadwell spent a year with general petraeus in afghanistan interviewing him for that book. >>> much more on that story at the top of the hour.
the economy. many other factors in the president's decision making and wung thing to show in the book is the arc of relationship over time. in 2009, i would say, the military versus the white house. that was the perception in some other sources but the military leaders didn't feel like they were boxing in the president and i think the president learned and the administration has learned is that really we're all in on a broader scale, listen. this is book about strategic leadership and a war...
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> time for the "ridiculist." tonight, we are adding confusing sweatswirts. that's right, damn you confusing sweatshirts. here's what happened. there was an election the other day, perhaps you heard about it. now this election involved many things, candidates, ballots, wolf blitzer hollering stand by, we have a projection every five minutes or so. the election also involved people known as voters. now, i'm no john king, but from what i understand, voters when voting typically wear what those of us in the mainstream media refer to as clothes. and therein lies the problem. at least in two locations in colorado and florida, you see election officials were reportedly alarmed to see voters showing up in clothing em bla n blazoned with the name mitt, a violation of election laws that prohibit campaigning for a candidate within a certain number of feet from voting booths. the problem? the shirts did not say mitt. they said m.i.t. as in m
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> time for the "ridiculist." tonight, we are adding confusing sweatswirts. that's right, damn you confusing sweatshirts. here's what happened. there was an election the other day, perhaps you heard about it. now this election involved many things, candidates, ballots, wolf blitzer hollering stand by, we have a projection every five minutes or so. the...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> here's a look at this hour'
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese....
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new op-ed to give the economy a jolt. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. hey. hey. we gotta stay focused. you got one more game to go. you gotta keep that fire in the belly. coach rick's got something for you. [ all cheering ] deshawn! ♪ found out during halftime. [ all cheering ] [ male announcer ] the simple joy of making the grade. ♪ >>> welcome back, everybody. we're talking about the fiscal cliff this morning. goldman sachs chairman and ceo has an op-ed this morning, called the business plan for the american revival. grab it right now if you haven't had a chance to read it. he talks about the stance of big business when it com
new op-ed to give the economy a jolt. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. hey. hey. we gotta stay focused....
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that could send the economy spiraling back into a recession. white house correspondent brianna keilar is live from washington, d.c. this morning. good morning, brianna. could they actually come to some kind of negotiated agreement in the next 5 d3 days with this la duck congress? >> reporter: they would have to come to some sort of agreement on tax reform and stop gap measure. they really have to. cbo said yesterday if we hit the fiscal cliff you would see unemployment jump about two point points. we would go into a recession next year. they really need to do it. when you listen to house speaker john boehner saying tax rates can't go up and you listen to president obama say if tax rates don't go up i'll veto something, it seems like there's no middle ground but there might actually be. listen to what john boehner said about being reasonable. some rhetoric that's very con silltory. >> we talk about all kinds of things we may disagree on. i'm the most reasonable responsible person here in washington. the president knows this. he knows that he and
that could send the economy spiraling back into a recession. white house correspondent brianna keilar is live from washington, d.c. this morning. good morning, brianna. could they actually come to some kind of negotiated agreement in the next 5 d3 days with this la duck congress? >> reporter: they would have to come to some sort of agreement on tax reform and stop gap measure. they really have to. cbo said yesterday if we hit the fiscal cliff you would see unemployment jump about two...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> former congresswoman gabrielle giffords stood in an arizona courtroom this week and faced the man who tried to assassinate her. her husband, mark kelly, stood by her side as he addressed jared loughner. mr. loughner, you may have put a bullet through her head but you haven't put a dent in her spirit and her commitment to make the world a better place. and despite the dramatic appearance of gabrielle giffords and her husband, nine others testified at the hearing, including congressman ron barber. he won a special election to fill her seat after she stepped down. >> i turned to mr. loughner and said i hold no hatred for you, but i am very, v
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> former congresswoman gabrielle giffords stood in an arizona...
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maybe long term it would be okay for the economy. but, think about it. if you jump off a cliff, maybe you learn you have the ability to fly or maybe you plunge to your sudden death. if we do fall off the cliff, what is the fiscal cliff? it basically means taxes are going to go up and government spending is going to go down and we could fall into recession. if you look at the way the market reacted on wednesday following the election, the dow dropped 300 points. sort of saying, suddenly the market has to face this fiscal cliff and if we do, we fall off the cliff, it is very bad for our economy. why? because we cannot grow. even though we have all this stimulus in the system pumping money, if the economy can't grow, what does it say for our country? we're just going to be in bad shape. >> so, with the u.s.'s debt situation, though, any way to get around these tax increases? >> i mean, it's tough to say at this point. but if you look at the market reaction, almost shocking. the polls were saying barack obama was so likely to win and then suddenly when the m
maybe long term it would be okay for the economy. but, think about it. if you jump off a cliff, maybe you learn you have the ability to fly or maybe you plunge to your sudden death. if we do fall off the cliff, what is the fiscal cliff? it basically means taxes are going to go up and government spending is going to go down and we could fall into recession. if you look at the way the market reacted on wednesday following the election, the dow dropped 300 points. sort of saying, suddenly the...
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> welcome back, everybody. we're going to introduce our next guest. thomas jefferson, of course, one of our most revered founding fathers, the author of the declaration of independence and the third president of the united states. in recent years, though, some of the more sela tchselacious deta caught people's attention. the author is jon meacham. nice to have you back. >> thank you, soledad. >> you approach it very differently than past biographers have. why this direction? >> one of my many flaws is that i like politicians. >> i'm so sorry, sir. >> i know. >> you need help. >> it keeps us all not missing any mooep mealeals, especially . i think we have to know as much as we possibly can about people who are engaged in political work. >> how would you describe thomas jefferson in ways that -- you say he's a seducer? >> oh, my gosh, yes, terrific retail politician. wonderful eyes. women tended to swoon for him. he did not, howeve
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> welcome back, everybody. we're going to introduce our next guest. thomas jefferson, of course, one of our most revered founding fathers, the author of the declaration of independence and the third president of the united states. in recent years, though, some of the more sela tchselacious deta caught people's attention. the author is jon meacham. nice to have you...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use, it's the ultimate combination of speed, small size, and low-cost printing.
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had...
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a lot of people are nervous. >> reporter: no one expects any quick fix for the economy. >> it's big and it's going to take some time and a lot of work, and it would be nice to get at it. >> reporter: but they are more than ready to start building up again just as soon as the other washington settles down and gets back to work. tom foreman, cnn, washington, virginia. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ >>> picture this scenario, it's a middle stages of cyclings greatest race,
a lot of people are nervous. >> reporter: no one expects any quick fix for the economy. >> it's big and it's going to take some time and a lot of work, and it would be nice to get at it. >> reporter: but they are more than ready to start building up again just as soon as the other washington settles down and gets back to work. tom foreman, cnn, washington, virginia. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. >>> i so wish i had been able to fulfill your hopes to lead the country in a different direction, but the nation chose another leader. and so ann and i join with you to ernestly pray for him and this great nation. >> mitt romney conceding the election, he spoke for five minutes, half as long as john mc
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ stay top of mind with customers? from deals that bring them in with an offer......
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (child screaming underwater)... (underwater noises). >>> welcome back to "starting point." deadly jolt? five-hour energy shots you see on counters almost everywhere have been linked to 13 deaths and 30 life-threatening instances in 2008. look at this. the incidents include heart attacks, quulgss and at least one spontaneous abortion. that will get your attention. >>> discovery of a gene mutation could yield important clues and causes in alzheimer's and better treatments, too. the mutation triples the risk for patient that is develop the disease but affects just .3% of the population. it interferes with the brain's ability to crow ate plaque buildup. >>> all i think a
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses (child screaming underwater)... (underwater noises). >>> welcome back to "starting...
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. >> clearly the deficit is a drag on our economy. and we can't continue to spend money that we don't have. i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president. this is his opportunity to lead. >> any word from the speaker, every word from the president being analyzed for hidden meanings. here's a quick snapshot. >> when he is not willing to negotiate on is raising taxes on the wealthiest americans. and that is where the battle lines will be drawn. >> the president's language is important. his words, i'm not wedded to every detail. i'm open to compromise. open to new ideas. but we are not going to do something that doesn't deal with the tax cuts. >> i think the tone of this is pretty good especially from the speaker this morning when he said, you know, i'm not going to box myself in. and i don't want to box the president in. >> let's get straight to our own kate bolduan, she's here with an excellent, excellent panel. >> excellent, excellent. i lik
. >> clearly the deficit is a drag on our economy. and we can't continue to spend money that we don't have. i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president. this is his opportunity to lead. >> any word from the speaker, every word from the president being analyzed for hidden meanings. here's a quick snapshot. >> when he is not willing to negotiate on is raising taxes on the wealthiest...
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hopefully those will give us an update on how the economy is doing. maybe even draw ra tension away from the gridlock that we are seeing in washington over the fiscal cliff. >>> okay. add one more to the list. toys "r" us othering early on thanksgiving night at 8:00 p.m. eastern. it's an hour earlier than last year. the retailer says it's focusing on electronics sales including its own tablet devices for kids. target and walmart are following suit, opening earlier on thanksgiving night this year, as well. black friday, soledad, oh, so yesterday. it's thursday now. >> what is that brown thursday? crazy. >> i would never do that. tiki i'm going to ask you about the giants this weekend. i'm gonna. got to move on. still ahead this morning on "starting point," with national security ever put at risk because of general petraeus' affair. a talk with retired general spider marks who's known general petraeus since high school. and jeff gordon did you see this brawl? completely out of control. you know, he is throwing punches. which i have to say he's kind of a
hopefully those will give us an update on how the economy is doing. maybe even draw ra tension away from the gridlock that we are seeing in washington over the fiscal cliff. >>> okay. add one more to the list. toys "r" us othering early on thanksgiving night at 8:00 p.m. eastern. it's an hour earlier than last year. the retailer says it's focusing on electronics sales including its own tablet devices for kids. target and walmart are following suit, opening earlier on...
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> now is your chance to talk back on one of the big stories of the day. the question for you this morning, should general david petraeus have resigned? general petraeus famously disciplined, respected and admired by both democrats and republicans. a rare creature, indeed. maybe that's why so many are asking why. not why the general cheated on his loyal wife of 38 years, but why he chose to resign over a fleeting, tawdry affair? one the fbi says was not criminal and was not a security risk. cnn political analyst david gergen who knows the general and his mistress says we ought to understand petraeus's humanness and appreciate that. and gergen added, remember, many great men have cheated. >> i would hope people would remember there have been other great leaders in this country. remember president eisenhower when he was general eisenhower and kay somersby and how important that was to him. franklin roosevelt and lucy mercer. how imp
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> now is your chance to talk back on one of the big stories of the day. the question for you this morning, should general david petraeus have resigned? general petraeus famously disciplined, respected and admired by both democrats and republicans. a rare creature, indeed. maybe that's why so many are asking why. not why the general cheated on his loyal wife of 38...
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what we need are people prepared for the careers of our new economy. by 2025 we could hav20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> what a couple of weeks it's been. we had a superstorm, then we had a nor'easter, the election, of course, and now general david petraeus stepping down. >> and the late night comedians, they talked about all of it. >> boy, i heard an update. anybody power outages, anybody here with -- oh. i heard an update from con ed, the electricity company. they said the republicans now will be without power for the next four years. >> speaking of mitt romney, now that he's out of the presidential race, he will no longer receive protection from the secret service. or as big bird put it, sup. >> 75% of the gas stations in new york are still closed because of power ou
what we need are people prepared for the careers of our new economy. by 2025 we could hav20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> what a couple of weeks it's been. we had a superstorm, then we had a nor'easter,...
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if we talk about the clinton tax rates, we had a very good economy in the clinton years. the rising tide lifts all boats, including small businesses that might be hit by the clinton era taxes, instead of the current taxes, so -- there's a more basic issue here, piers. the rich do not generate jobs, they are not job creators. the job creators in america are the vast middle class whose spending generate jobs because businesses that have more business will generate more jobs. businesses with more customers will expand and hire people. if the middle class doesn't have the money, either because their taxes go up or because they simply are on a downward trajectory in an economy that is not -- really has not been good to the middle class since george w. bush was president, then we are in trouble in terms of the kind of job growth we need. >> final question to you. the average americans go, of course they should pay a bit more tax. what the hell is the matter of them? the country is in trouble, they are the richest, share a bit of the load. >> when you raise taxes, you discourage
if we talk about the clinton tax rates, we had a very good economy in the clinton years. the rising tide lifts all boats, including small businesses that might be hit by the clinton era taxes, instead of the current taxes, so -- there's a more basic issue here, piers. the rich do not generate jobs, they are not job creators. the job creators in america are the vast middle class whose spending generate jobs because businesses that have more business will generate more jobs. businesses with more...
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. >> a stronger economy means more revenue which is what the president seeks. because the american people expect us to find common ground, we're willing to accept additional revenues via tax reform. >> did you hear that? common ground and additional revenues via tax reform. that could be finding more money. the same breath though he said this -- >> the american people also expect us to solve the problem. and for that reason, in order to ga garner republican support, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> john, you're the political one here, is he putting down the marblinger? is this like we're not going to budge but we're going to budge? >> he left the door open there. everyone, all three sides yesterday between the president, senate, and the house speaker left a little bit of the door open there. they don't want to show too much leg. they don't want to alienate the best base. but there is reason for optimism and hope for compromise, at least today. >> i know. 54 days to fi
. >> a stronger economy means more revenue which is what the president seeks. because the american people expect us to find common ground, we're willing to accept additional revenues via tax reform. >> did you hear that? common ground and additional revenues via tax reform. that could be finding more money. the same breath though he said this -- >> the american people also expect us to solve the problem. and for that reason, in order to ga garner republican support, the...
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we've got to look at growing economy, figure out what we're for, versus cutting an economy, because we don't -- because we've lost our storyline. >> it's true. we talk so much about the fiscal cliff and focussing on washington, but it's very true. so many families have their own. >> i mean, we are going through so much technological change more in the last ten years than the world went through in the last century. >> very true. >> it's going to take us a while to adjust. >> we'll get there one way or the other. >> reserve chairman ben bernanke coming with us this week in our global summit to amplify the importance of financial dignity and professor young is co-chairing that. >> thank you very much. appreciate it. very important discussion. >>> as we mentioned operation hope is hosting this summit, and the chairman ben bernanke will be the keynote speaker there. for more on operation hope, can you check out their website operation hope.org. >>> well, believe it or not 2016 is just around the corner. all right. pretty big corner. we admit that. it's never too early to start looking at th
we've got to look at growing economy, figure out what we're for, versus cutting an economy, because we don't -- because we've lost our storyline. >> it's true. we talk so much about the fiscal cliff and focussing on washington, but it's very true. so many families have their own. >> i mean, we are going through so much technological change more in the last ten years than the world went through in the last century. >> very true. >> it's going to take us a while to adjust....
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they're there because there are not good paying jobs in this economy. let's grow the economy and symptom insulting the voters. >> did you convey these same thoughts to the governor when he was the republican presidential nominee? >> look, i don't know how much benefit there is to continue to look back. mitt romney is a good man, honorable man reality is i don't think his campaign laid out a good vision how his policies would benefit every single american. it's a very impressive biography and resume. at the end of the day presidential elections are about visions and policies. i think now as a party we either need to congratulate the president on his win. as a party we not only need to look forward and fight for every single vote in america. and the way we do that is to treat people with respect. we don't need to be like the democratic party. we don't need to divide people into special interest groups, or racial groups first or gender groups or geographic or class groups. we treat every american as an individual. we don't think demographics is destiny. th
they're there because there are not good paying jobs in this economy. let's grow the economy and symptom insulting the voters. >> did you convey these same thoughts to the governor when he was the republican presidential nominee? >> look, i don't know how much benefit there is to continue to look back. mitt romney is a good man, honorable man reality is i don't think his campaign laid out a good vision how his policies would benefit every single american. it's a very impressive...
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it could have a potentially disastrous impact on the economy. congress is off but they do come back tomorrow and on friday congressional leaders are expected at the white house. oh, to be a fly on the wall on that one. dana bash is going to be with them. i'm kidding. she is not. it's going to be very closed door. but don't you wish you could be in that meeting and do you think that anything will actually happen? >> oh, of course. because, look, publicly since the election there's been a more conciliatory tone on both sides of the aisle. it's been a basic post election posturing after what really generally is a status quo election. look, it is very cliche, ashleigh, the devil is in the details. democrats say they want to let tax cuts for those making $250,000 or more expire and the president campaigned on that two elections in a row. this time he says he means it. that would mean rates would go up. for the most part, republicans are saying that they may be okay with raising revenue, raising some taxes, but not those tax rates. i want you to liste
it could have a potentially disastrous impact on the economy. congress is off but they do come back tomorrow and on friday congressional leaders are expected at the white house. oh, to be a fly on the wall on that one. dana bash is going to be with them. i'm kidding. she is not. it's going to be very closed door. but don't you wish you could be in that meeting and do you think that anything will actually happen? >> oh, of course. because, look, publicly since the election there's been a...
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> with each hour, we learn new details about the shocking affair that forced david petraeus to resign as cia director. he was on the ground the same time as the former ambassador was ambassador of iraq, and the ambassador joins me now. nice to see you, ambassador. >> nice to be with you. >> are you shocked by these revelations today? >> of course, i am. it's a sad day particularly for mrs. petraeus and for their children and for the men and women in the military and now the cia, whom he's let down. >> he's been one of america's greatest military heroes in the last few decades, no question about that. it's an extraordinary ending of one of the great ca
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> with each hour, we learn new details about the shocking affair that forced...
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> welcome back. the 2012 election is barely over. would you believe political junkies are wondering who may be running for president in 2016? paul steinhouser takes a look at the names being whispered in political circles. paul? >> reporter: susan, call it the never ending campaign. when one election ends, the next one begins. >> i have just called president obama to congratulate him. >> i just spoke with governor romney and i congratulated him and paul ryan on a hard fought campaign. >> reporter: with the 2012 election barely in the rearview mirror, we're already thinking about the next road to the white house. marco rubio heads to iowa next weekend
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> welcome back. the 2012 election is barely over. would you believe political...
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turmoil in the highest ranks of the military to the looming fiscal cliff that threatens the american economy. tonight, washington is none too happy about being left out of the loop as the fbi investigates the general petraeus sex scandal. >> it's rather shocking to find out candidly that we weren't briefed. >> it would have been nice to know before we saw it on tv. >> the president was certainly surprised when he was informed about the situation regarding general petraeus on thursday. >> meanwhile, the top general in afghanistan allegedly caught red-handed exchanging flirtatious e-mails of his own with jill kelley. plus the debut of my new cnn colleague, the culinary superstar who will dine on anything, anthony bourdain is here. joining me is barbara starr and intelligence correspondent, suzanne kelly. welcome back to you both. every night i say right off the top, can any of us get our heads round this and how much more ridiculous can it get, and lo and behold, it gets more ridiculous. barbara starr, let's try and get to what we believe to be the facts behind all the kind of lurid, titillati
turmoil in the highest ranks of the military to the looming fiscal cliff that threatens the american economy. tonight, washington is none too happy about being left out of the loop as the fbi investigates the general petraeus sex scandal. >> it's rather shocking to find out candidly that we weren't briefed. >> it would have been nice to know before we saw it on tv. >> the president was certainly surprised when he was informed about the situation regarding general petraeus on...
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finding ways to get the economy to grow. lots of ways to grow revenue for you. >> no vacation for you, either. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pi
finding ways to get the economy to grow. lots of ways to grow revenue for you. >> no vacation for you, either. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ your doctor will say get smart about your weight. i tried weight loss plans... but their shakes...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we start the second half of the show with stories we care about where we focus on our own r reporting from the front lines. in a call with donors, mitt romney reportedly blamed his loss on gifts obama gave to minorities and young voters. first reported by the "l.a. times." romney says obama won over with two things -- and allowing those 26 and younger to remain on their parent's health insurance. he said obama's health care plan helped him with blacks and hispanics, and apologized for not winning. >>> the owner of the new england compounding center, the company whose injections have beenlinged to a meningitis out break faced questions from a congressal subcommitte
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we start the second half of the show with stories we care about where we focus on our own r...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get ere i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get ere i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more...
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the economy doesn't currently pose a threat to your job. what does threaten your job, however, is another four years of the same presidential administration. guess what, now he says he never said he was firing anybody if obama got elected and that the media twisted what he meant. carol? >> so strange. >> blame it on the media. aren't we easy targets? >> yeah, but we can take it. we're big girls. alison kosik, thank you. >>> another follow-up to a story we first brought you yesterday kind of about the same -- it is about the same thing. new york franchise owner of several applebee's restaurants who says he may have to issue a hiring freeze to afford the costs associated with obamacare. mike archer says, quote, recent public comments by one of applebee's franchise owners about the possible implications of the obamacare on jobs with his individual company were not the views or opinions of either applebee's or other franchisees. although we respect his right to speak freely as an american. don't really know how obamacare will affect things. jus
the economy doesn't currently pose a threat to your job. what does threaten your job, however, is another four years of the same presidential administration. guess what, now he says he never said he was firing anybody if obama got elected and that the media twisted what he meant. carol? >> so strange. >> blame it on the media. aren't we easy targets? >> yeah, but we can take it. we're big girls. alison kosik, thank you. >>> another follow-up to a story we first...
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. perform, compete and grow. and people are driving this change. that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> is karl rove losing his touch? the man dubbed the brain of geo
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money...
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grow and help our economy create jobs. and you know there are obviously a whole host of other issues that are out there and that he and other have to contend with and he and others are doing that. but his focus now is on working with congress to move the country forward economically. >> senator collins says that it's imperative that general patreaus testify in the hearings on benghazi. we've heard similar statemented from senator feinstein. is it appropriate for the former cia director to testify given what happened at time and given his own review? >> one, it's up to congress to make decisions about who is called to testify. but the president is confident that acting director moral is fully informed of representing the krichlt a cia about the inc benghazi. >> i want to go back to something asked about ambassador rice. if she are were to go before a senate confirmation hearing hypothetically -- >> for you i'll break the hypothetical rule, nobody else. >> thank you. if she were to go before a national confirmation hearing,
grow and help our economy create jobs. and you know there are obviously a whole host of other issues that are out there and that he and other have to contend with and he and others are doing that. but his focus now is on working with congress to move the country forward economically. >> senator collins says that it's imperative that general patreaus testify in the hearings on benghazi. we've heard similar statemented from senator feinstein. is it appropriate for the former cia director to...
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> time now for the ridiculous. dude, maybe getting that mitt romney tattoo on your face wasn't the best idea you ever had. he got the tattoo before the election. but now after mitt romney's defeat, he ha no regrets. >> i had it tattooed because it was something i believe in. i love it. i would do it all overen in a heartbeat. >> eric put some of his face up forbid on ebay and said he would get whatever the highest bidder would get. then he approached the local republican in his town. t the party candidate stepped up and said hey, i'll give you 15 g's and do something tasteful. >> yes, he did say 15 good's. somebody paid that guy $15,000 to get that. how much would you get for your face tattoo. nothing right? >> not e
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> time now for the ridiculous. dude, maybe getting that mitt romney tattoo on your face wasn't the best idea you ever had. he...
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and came home to face rapidly approaching challenges on taxes, the budget, the global economy and a whole lot more? for president obama, what next? today markets took a nose dive because investors see what's coming and worried that washington simply cannot fix it. that's why we are here tonight again. in the speeches last night and the statements today, everyone president obama and mitt romney to the leaders in the building behind me all found ways of saying they get it, they understand the challenge and will rise to meet them. listen. >> we want our children to live in america that isn't burdened by debt and isn't weakened by inequality and isn't threatened by the destructive power of a warming planet. >> the nation as you know, is at a critical point. and at a time like this we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for us to find a way to work together on solutions to the challenges we all face as a nation. >> it's better to dance than to fight. it's better to work together. everything doesn't have to
and came home to face rapidly approaching challenges on taxes, the budget, the global economy and a whole lot more? for president obama, what next? today markets took a nose dive because investors see what's coming and worried that washington simply cannot fix it. that's why we are here tonight again. in the speeches last night and the statements today, everyone president obama and mitt romney to the leaders in the building behind me all found ways of saying they get it, they understand the...
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Nov 16, 2012
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their economy stinks at the moment, and they need that money to survive. you know, it's another reason why egypt and i think all the players there don't want this to go that far. >> can they count on egypt's support? >> it would be a big deal if it escalated in a tanning i object sense. i don't know about supplying weaponry or something like that. i cannot see that happening. egypt needs western money. european and importantly, united states money just to survive economically. the sense is i don't think any of these people want to go to a ground war. israel has an election in two months. they don't want dead soldiers. netanyahu doesn't want dead soldiers. egypt can't afford for things to go south for them as well. i get the feeling that everyone is waiting for a truce to come out to be brought up probably in egypt, and everyone can say they both won and go back to the highly unsatisfactory status quo. >> let's listen to one egyptian official what they believe could be a peace treaty. >> respecting the peace treaty does not mean they're indifferent what is
their economy stinks at the moment, and they need that money to survive. you know, it's another reason why egypt and i think all the players there don't want this to go that far. >> can they count on egypt's support? >> it would be a big deal if it escalated in a tanning i object sense. i don't know about supplying weaponry or something like that. i cannot see that happening. egypt needs western money. european and importantly, united states money just to survive economically. the...
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our classic series special edition bed set and for 5 days only enjoy 36 month financing on selected beds but only through monday. you'll only find
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh,...
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ which house is yours? the one with the silverado out front. so, what do you do? well, ahhh... nice! [ clown horn ] was his name ♪ [ shouting ] [ child crying ] ♪ i...ahh. [ male announcer ] the chevy silverado. the most dependable, longest-lasting full-size pickups on the road. from worksite to home front. chevy runs deep. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> fayetteville, north carolina, got
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ which house is yours? the one with the silverado out front. so, what do you do? well,...
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Nov 16, 2012
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even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> it is game on for fiscal cliff talks. president obama and congressional leaders met today to kick start face to face negotiatio
even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] you...
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Nov 12, 2012
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for some china's booming economy has been music to their ears. for others the tune has turned more somber. life in a rundown neighborhood so close to the riches of the new china that they could reach out and touch it almost. >> translator: we came to work in the city. >> reporter: and he his wife had followed the china dream to beijing. this is where they live in a tiny one-room house with their baby son. there is room for a bed. barely anything else. for them it isn't cheap. >> translator: back in 2009 when we first came to beijing, the house rent was a bit more than about $15 a month. now it is five times that. >> reporter: inflation has hit the poor hard. >> translator: prices are high. our daily expense is high. it is the same back in hometown. everything is expensive. it's not easy to save money. >> reporter: like minimum, they dream of a better life, a bigger house, and hopes for her son. >> translator: he doesn't want a bigger house, but have you to work hard. he has to work hard. i don't have any income. just stay home and take care of th
for some china's booming economy has been music to their ears. for others the tune has turned more somber. life in a rundown neighborhood so close to the riches of the new china that they could reach out and touch it almost. >> translator: we came to work in the city. >> reporter: and he his wife had followed the china dream to beijing. this is where they live in a tiny one-room house with their baby son. there is room for a bed. barely anything else. for them it isn't cheap....
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Nov 16, 2012
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economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest americans and the republicans and especially mitch mcconnell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been u
economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but...
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Nov 15, 2012
11/12
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> breaking news on the p petraeus investigation. cnn has just learned that david petraeus will appear before the house intelligence committee on friday to testify about the benghazi consulate attack. there had been some questions on whether he would appear, but we can confirm he will also be appearing before the house. >>> now, to tonight's outer circle where we're going to reach out to our sources around the world, we go to ga sa tonight, where hamas says israel has opened the gates
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for...
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Nov 14, 2012
11/12
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if we want our economy to flour ir and grow, we must lift up women's leadership in our economy. very important. women in the academic world. women in health care. in subject you can name. is more wholesome, more successful, more efficient with the involvement of women. and so, women came to the polls, when women came to the polls last week, they registered their support for those who understood the challenges that women face. it's really, really a remarkable thing. under the leadership of the women standing here, the voices of america's mother, daughters and granddaughters will be heard. women are the breadwinners for our families in many cases, the small business owners in your communities, isn't that right, nidia? and the workers that will stir our prosperity. >> okay, we're going to jump away from this. that's new mexico announcing she wants to continue to keep her post as the house minority leader and as you can see, she invited tract wom invited democratic women of the house of representatives to stapd with her in a show of force, she says, for democratic women in the house
if we want our economy to flour ir and grow, we must lift up women's leadership in our economy. very important. women in the academic world. women in health care. in subject you can name. is more wholesome, more successful, more efficient with the involvement of women. and so, women came to the polls, when women came to the polls last week, they registered their support for those who understood the challenges that women face. it's really, really a remarkable thing. under the leadership of the...
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Nov 14, 2012
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they don't want to see the economy derailed. we're just seeing the economy come back. but they predict if we go over a fiscal cliff, if there's a hike in unemployment to 9.1%. nobody wants to see that. so they said come up with a solution before the year's end and then come up with a comprehensive plan. >> what i'm hearing from democrats on the hill, extending all those tax cuts, not what they're looking to do right now. >> a battle in the meantime, you see wall street over the last several days since the election. the numbers are going down, down, down. every day, losing, the dow jones, the s&p. >> he's being called the human hamster. we have the business man who fought a losing battle against an escalator. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bon
they don't want to see the economy derailed. we're just seeing the economy come back. but they predict if we go over a fiscal cliff, if there's a hike in unemployment to 9.1%. nobody wants to see that. so they said come up with a solution before the year's end and then come up with a comprehensive plan. >> what i'm hearing from democrats on the hill, extending all those tax cuts, not what they're looking to do right now. >> a battle in the meantime, you see wall street over the last...
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Nov 10, 2012
11/12
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> our third story "outfront," nearly two weeks after superstorm sandy devastated parts of the northeast, there is desperation and anger. >> this is our katrina. and i expect the people of this state to be treated with the same level of compassion and generosity that the citizens of louisiana and mississippi and alabama were treated in the aftermath of hurricane katrina. >> michael graham told me out on staten island as well. more than half a million households are still without power. 40,000 homes on the rockaway peninsulas. deb fayerick is there and how angry are people? >> people are so frustrated and angry. it's been only 12 days since the storm hit. you're not too far from jfk. that light is basically illuminating a corner. that means there's no heat. boilers can't work. there are no washer triers, no way to charge a cell phone. no way to use a computer to access any sort of outside help, so they feel they're just being cut off here and they can
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> our third story "outfront," nearly two weeks after superstorm sandy devastated parts of the northeast, there is desperation and anger. >> this is our katrina. and i expect the people of this state to be treated with the same level of compassion and generosity that the citizens of louisiana and mississippi and alabama were treated in the...
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i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volatile and reacting. that's why the president wants to say something before he goes asia. we do need to hold down spending. no question. nobody is suggesting that this compromise is not going to i
i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is...
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Nov 16, 2012
11/12
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we have to make sure taxes don't go up on middle class families, that our economy remains strong and we're creating jobs and that's an agenda that democrats and republicans and independents, people all across the country share. our challenge is to make sure we are able to cooperate together, work together, find some common ground and make tough compromises and build consensus to do the people's business. >> let's take you live back to the senate intelligence committee microphone. this is senator conrad from north dakota, the democrat on the committee. let's listen to what he has to say. >> what is very clear is that ambassador rice used the talking points that intelligence committee had all signed off on. that is very, very clear. she used the unclassified talking points that were signed off on by the entire intelligence community, so criticisms of her are completely unwarranted. that is very clear. >> are you able to say whether the cia thought it was a terrorist act within the first 24 hours and did it include al qaeda? >> i don't think i should respond to that question because of
we have to make sure taxes don't go up on middle class families, that our economy remains strong and we're creating jobs and that's an agenda that democrats and republicans and independents, people all across the country share. our challenge is to make sure we are able to cooperate together, work together, find some common ground and make tough compromises and build consensus to do the people's business. >> let's take you live back to the senate intelligence committee microphone. this is...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. shopping fdon't wait. coverage? open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. >>> same-sex marriage is making more historic strides this week. you saw washington, maine, and maryland approve marriage for same-sex couples here in the united states. the momentum also in france as well. the french cabinet approved a bill that would give same-sex couples the right to marry and adopt children. it's a decision that is backed by 65% of the population according to a leading french newspaper. many in the catholic church, hundreds of lawmakers, as well, are against it. the bill goes before the national assembly for a vote early next year. >>> smoking marijuana for a recreational use now legal in washington state and colorado. well, did you know medical marijuana has been
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. shopping fdon't wait. coverage? open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. >>> same-sex marriage is making more historic strides this week. you saw washington, maine, and maryland...
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Nov 11, 2012
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economy. with just 51 days until the so-called fiscal cliff, will president obama and congress be able to bridge the divide and find a solution? cnn's athena jones takes a closer look at what's at stake. >> it's time to get back to work. >> reporter: with the election in the rear view mirror, the focus in washington is back on efforts to avoid the economically devastating fis cat cliff. if we just go over the cliff and let those policies stake in effect, we're basically going to undo the recovery. neither party wants to be blame for that. the cliff amounts to $7 trillion in cuts and tax increases over the next decade. the threat of these painful cuts set to begin on january 1st is part of the deal the congress and the president made last year to force them to agree on a long-term deficit reduction plan. >> this is an unprecedented scenario that congress has basically put a gun to its oven head who's said if we don't act, we're going to shoot ourselves. >> so far that long-term plan hasn't mate
economy. with just 51 days until the so-called fiscal cliff, will president obama and congress be able to bridge the divide and find a solution? cnn's athena jones takes a closer look at what's at stake. >> it's time to get back to work. >> reporter: with the election in the rear view mirror, the focus in washington is back on efforts to avoid the economically devastating fis cat cliff. if we just go over the cliff and let those policies stake in effect, we're basically going to...
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Nov 11, 2012
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. >>> we hear a lot of passion about jobs and the economy about political candidates but not much about veterans who serve in afghanistan and iraq. one military group is not so happy about that and we'll tell you who next. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay, and then i get up to 15% cash back -- put into my account. ♪ i know, right? [ male announcer ] introducing bankamerideals, free for online banking customers. sign into your online banking to choose your deals today. free for online banking customers. thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents!
. >>> we hear a lot of passion about jobs and the economy about political candidates but not much about veterans who serve in afghanistan and iraq. one military group is not so happy about that and we'll tell you who next. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay, and then i get up to 15%...
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Nov 10, 2012
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i was talk to go the doctors at doctors without borders during the break, and one thing they said they really needed was someone from the city health department or the city government, a decision maker, to answer their calls, to get in touch with them to try to help organize kind of the medical response in the rockaways in particular, to try to get it organized because they're not organized. so if someone from the health department or city government is listening, doctors without borders would really like to get in touch with you. >>> the bush tax cuts, as you know, expire on new year's day and automatic budget cuts kick in, unless congress and the white house can agree that damage cuts won't destroy the government.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i was talk to go the doctors at doctors without borders during the break, and one thing they said they really needed was someone from the city...
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Nov 10, 2012
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economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i was talk to go the doctors at doctors without borders during the break, and one thing they said they really needed was someone from the city health department or the city government, a decision maker, to answer their calls, to get in touch with them to try to help organize kind of the medical response in the rockaways in particular, to try to get it organized because they're not organized. so if someone from the health department or city government is listening, doctors without borders would really like to get in touch with you. >>> the bush tax cuts, as you know, expire on new year's day and automatic budget cuts kick in, unless congress and the white house can agree that damage cuts won't destroy the government. >> if we're serious about reducing the deficit, we have to combine spending cuts with revenue. and that means asking the wealthiest americans to pay a little more in taxes. >> so that was the president
economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i was talk to go the doctors at doctors without borders during the break, and one thing they said they really needed was someone from the city health department or the city government, a decision maker, to answer their calls, to get in touch with them to try to help organize kind of the medical response in the...
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Nov 13, 2012
11/12
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache relief. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster that we can find. [ male announcer ] hurry in to red lobster's crabfest! the only time of year you can savor 5 succulent crab entrees, all under 20 dollars. like a hal
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing...
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Nov 15, 2012
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we are talking about women and the importance that he believes women play in the economy. he had a lot to say about that, and so i asked him what about a woman president in 2016. he said it should be hillary clinton. he has told me he doesn't think there's any more qualified candidate. now, i don't know if she wants the job or not. remember, in 2008 he gave money to both obama ask clinton, so he is a staunch supporter. >> we'll see if he picks up the phone and asks her to run. thank you, poppy. good to see you, as always. >>> coming up, it is ant a clown car. it's a world record attempt. we'll show you how many people can squeeze their way into a mini cooper. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. visit fastreliefchallenge.com (child screaming underwater)... (underwater noises). a regular guy with an irregular heartbeat. the usual, bo
we are talking about women and the importance that he believes women play in the economy. he had a lot to say about that, and so i asked him what about a woman president in 2016. he said it should be hillary clinton. he has told me he doesn't think there's any more qualified candidate. now, i don't know if she wants the job or not. remember, in 2008 he gave money to both obama ask clinton, so he is a staunch supporter. >> we'll see if he picks up the phone and asks her to run. thank you,...
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Nov 16, 2012
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we have to make sure that taxes don't go up on middle class families and that our economy remains strong and creating jobs and that's an agenda that democrats and republicans and independents, people all across the country share. our challenge is to make sure that we are able to cooperate together, work together, find some common ground, make some tough compromises and build some consensus to do the people's business and what folks are looking for and i think all of us agree on this is they want to see that we are focused on them and not focused on our politics. my hope is this is a fruitful process where we will come to agreement that will reduce our deficit in a balanced way. i want to thank the leadership for coming and with that wool get to work. thank you very much, everybody. wait, wait, excuse me, there is actually one other point that i wanted to make. that is that my understanding is tomorrow's speaker boehner's birthday, so for those of you who want to wish him a happy birthday, we will -- we're not going to embarrass him with a cake because we didn't know how many candles were
we have to make sure that taxes don't go up on middle class families and that our economy remains strong and creating jobs and that's an agenda that democrats and republicans and independents, people all across the country share. our challenge is to make sure that we are able to cooperate together, work together, find some common ground, make some tough compromises and build some consensus to do the people's business and what folks are looking for and i think all of us agree on this is they...
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Nov 13, 2012
11/12
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nothing bad will happen with the economy if the agreement isn't reached into 2013. so it's time to bargain. the stalemate would hurt republican backers every much as it hurt the rest of the country. as the risk of severe damage grew -- to cut a deal after all. a few months into next year? >> i think that's crazy. you know, why would you bet the country, really put bet the country but going over this fiscal cliff? if we go over this cliff, you'll see another 2 million people lose their jobs. the unemployment rate go up to say 9% and the rate of growth sloweded. we can go and immediately get a deal, that would be okay, but if we go over the cliff and don't get a deal right away, i think you're really going to create an enormous problem. >> now, on revenue, i know as part of plan, you assume bush tax rates would go up, loopholes would close, but is there room for compromise around how we define revenue? that if you were to close a lot of loopholes affecting the wealthy, but not increase the tax rates, would that be a deal you think could be struck or no? >> yes. i thin
nothing bad will happen with the economy if the agreement isn't reached into 2013. so it's time to bargain. the stalemate would hurt republican backers every much as it hurt the rest of the country. as the risk of severe damage grew -- to cut a deal after all. a few months into next year? >> i think that's crazy. you know, why would you bet the country, really put bet the country but going over this fiscal cliff? if we go over this cliff, you'll see another 2 million people lose their...
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some were talking about the economy. others were talking about so landra and may have created too much noise. >> too many messages. let me jump in because, you know, we hear about the billionaires and people wanting to -- the game changers shelling out the money to try to defeat barack obama. they lost. here's what i want to know. are they angry? >> safe to say that there's soul searching begin on right now. >> soul searching. >> and i think that, you know, donors have indicated they wanted to know really what kind of return they're getting on the investment. a major donor said to us yesterday, you know, he's questioning the strategy of putting so much money in ads. >> who are they questioning? who are they soul searching with? >> well, clearly, the strategists who run the -- ran the groups. karl rove being one of them are having to answer a lot of questions today. and i do think that a lot of these donors while seems like $5 million is a lot of money to us, it's really, really a small investment for them so for some of
some were talking about the economy. others were talking about so landra and may have created too much noise. >> too many messages. let me jump in because, you know, we hear about the billionaires and people wanting to -- the game changers shelling out the money to try to defeat barack obama. they lost. here's what i want to know. are they angry? >> safe to say that there's soul searching begin on right now. >> soul searching. >> and i think that, you know, donors have...
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Nov 14, 2012
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> a bizarre story involving software company founder john mcafee who is now in hiding, wanted for questioning in the shooting death of his neighbor in belize. one day after mcafee's dogs were poisoned. mcafee says he's innocent and tells a reporter he thinks the police in belize will kill him if they find him. >>> the man who accused elmo puppeteer of having sex with him when he was a teenager has changed his story. the man now says it was an adult consensual relationship. in a statement, he says he is relieved the painful allegation has been put to rest. >>> the population of endangered mountain gorillas has increased slightly according to the world wildlife fund. it says there are now 880 mountain gorillas up from 781 back in 2010 and i know you're glad to hear that. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal i
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> a bizarre story involving software company founder john mcafee who is now in hiding, wanted for questioning in the shooting death of his neighbor in belize. one day after mcafee's dogs were poisoned. mcafee says he's innocent and tells a reporter he thinks the police in belize will kill him if they find him. >>> the man who accused elmo puppeteer of...
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Nov 16, 2012
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. for their annual football trip. that's double miles you can actually use. tragically, their buddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] >>> the single largest criminal fine ever on record, bp agrees to pay billions of dollars in penalties for the deadly explosion and oil spill in the gulf of mexico back in 2010. we'll talk to the father of one of the rig workers who died. >>> more raw politics now. remarks that mitt romney made on a conference call with camp
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. for their annual football trip. that's double miles you can actually use. tragically, their buddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. wanted to...
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Nov 10, 2012
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. >>> turning to the economy now. with just 52 days to reach a deal, president obama is set to meet with congressional leaders to discuss the so-called fiscal cliff. both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali youssufzai. she received international support and thousands of get-well cards. today marks one month since the attack. >>> people who were made homeless by superstorm sandy are finding some relief courtesy of fema. fema has set up a temporary shelter camp in new jersey that looks like a massive tent city. it houses more than 200 people affected by the storm, as well as thousands of utility workers and first responders. thousands of them. but fema officials say sandy evacuees will be moved into better housing this week. >>> number five now, the ceo of
. >>> turning to the economy now. with just 52 days to reach a deal, president obama is set to meet with congressional leaders to discuss the so-called fiscal cliff. both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali...
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the economy is declining and not growing. so we've got some real challenges. and i just think that congress has not met its responsibility. senator reid, our leader, should have allowed this debate to occur and let us all have to stand up and be accounted. how much taxes do you want to increase? how much spending do you want to cut? defend it publicly. not these secret meetings. >> some folks would say, to talk about the past is like closing the barn door after your horse has run out. so let's put that off the table and talk about moving forward. there are weeks, right? 36 days before the fiscal cliff hits us. you could be having those exact conversations. we talked to peter orszag. >> we could have been in session today. >> yeah. >> we should have done something all this week instead of a very small sportsman's deal. we could have been talking about the challenge of our time. it's time for somebody to say that the leadership in this senate is not performing its duty. this country is in danger and all they want to talk about is small bills and secret meetings.
the economy is declining and not growing. so we've got some real challenges. and i just think that congress has not met its responsibility. senator reid, our leader, should have allowed this debate to occur and let us all have to stand up and be accounted. how much taxes do you want to increase? how much spending do you want to cut? defend it publicly. not these secret meetings. >> some folks would say, to talk about the past is like closing the barn door after your horse has run out. so...